--- title: "Bitcoin, Ethereum, XRP, Dogecoin Rally Even As Trump Flays Iran's Response To Proposal: Analyst Says It's 'Simple' For BTC As Long As This Happens" type: "News" locale: "en" url: "https://longbridge.com/en/news/285878651.md" description: "Leading cryptocurrencies, including Bitcoin, Ethereum, XRP, and Dogecoin, experienced gains while stock futures fell following President Trump's critical remarks on Iran. Bitcoin rose by 1.39% to $81,695.71, with a significant trading volume increase. Despite a dip in the overall cryptocurrency market capitalization, analysts suggest Bitcoin's bullish structure could be maintained if it holds above key support levels of $79,000 and $76,000. Geopolitical tensions impacted stock futures, with the Dow Jones Industrial Average Futures dropping 159 points. Market sentiment remains neutral amid these developments." datetime: "2026-05-11T01:59:06.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285878651.md) - [en](https://longbridge.com/en/news/285878651.md) - [zh-HK](https://longbridge.com/zh-HK/news/285878651.md) --- # Bitcoin, Ethereum, XRP, Dogecoin Rally Even As Trump Flays Iran's Response To Proposal: Analyst Says It's 'Simple' For BTC As Long As This Happens Leading cryptocurrencies spiked while stock futures fell Sunday evening as investors reacted to President **Donald Trump’s** scathing statement on Iran. **Cryptocurrency** **24-Hour Gains +/-** **Price (Recorded at 9:25 p.m. EDT)** **Bitcoin** (CRYPTO: BTC) +1.39% $81,695.71 **Ethereum** (CRYPTO: ETH)                 +1.82% $2,363.48 **XRP** (CRYPTO: XRP)                          +3.66% $1.46 **Solana** (CRYPTO: SOL)                          +3.80% $96.27 **Dogecoin** (CRYPTO: DOGE)              +3.12% $0.1115 ## **Crypto Market Rallies** **Bitcoin** surged to $82,430 late evening but met swift rejection. Its trading volume spiked 57% in the past 24 hours. **Ethereum** fell short of breaking $2,400, while **XRP** and **Dogecoin** also recorded sharp spikes. Over $380 million was liquidated in the past 24 hours, with the majority of that in short positions, according to Coinglass data. Open interest in Bitcoin futures rose 0.54% over the last 24 hours. That said, Bitcoin's Long/Short Ratio on Binance stood below 1, indicating most traders were positioned for a price decline. Market sentiment remained "Neutral" according to the Crypto Fear & Greed Index. **Top Gainers (24 Hours)**  **Cryptocurrency (Market Cap\>$100 M)** **Gains +/-** **Price (Recorded at 9:25 p.m. EDT)** **Sui** (SUI)       +24.36%     $1.33 **Cronos** (CRO)                    +7.07%     $0.07554 **Uniswap** (UNI)             +7.07%     $3.98 The global cryptocurrency market capitalization stood at $2.68 trillion, following a dip of 0.40% over the last 24 hours. **Read Also: Pete Hegseth Says Bitcoin Is A Tool For Power Projection, Teases Ongoing And Classified Experiments** ## **Stocks Slip After Trump’s Iran Statement** Stock futures ticked lower overnight on Sunday. The **Dow Jones Industrial Average Futures** fell 159 points, or 0.32%, as of 8:36 p.m. EDT.  Futures tied to the **S&P 500** dipped 0.029%, while **Nasdaq 100 Futures** rallied 0.23%. Geopolitical tensions heightened after Trump called Iran's response to the U.S. ceasefire proposal as "totally unacceptable" in a Truth social post. **Masoud Pezeshkian**, president of Iran, said on X that dialogue or negotiation should not be equated to "surrender," adding, "We will never bow our heads before the enemy." > هرگز در برابر دشمن سر خم نخواهیم کرد و اگر سخنی از گفت‌وگو یا مذاکره مطرح می‌شود، معنای آن تسلیم یا عقب‌نشینی نیست. بلکه هدف، احقاق حقوق ملت ایران و دفاع مقتدرانه از منافع ملی است. > > — Masoud Pezeshkian (@drpezeshkian) May 10, 2026 ## Can Bitcoin Maintain Bullish Structure? **Chris Kline**, COO & Co-Founder at BitcoinIRA,  highlighted a "textbook disconnect" between sentiment and structural demand in a note shared with Benzinga. Kline argued that while spot Bitcoin exchange-traded funds have recorded two straight months of net inflows, the fear and greed index has indicated bearish conditions. "From a retirement-account perspective, what matters isn’t whether BTC tests $75,000 or $85,000 next week — it’s that we’re 25 months into the post-halving cycle, ETFs are absorbing more new Bitcoin than miners produce, and we’re trading at a 36% discount to October’s peak," the analyst said. Widely followed cryptocurrency commentator **Michaël van de Poppe** identified $79,000 as a "crucial" short-term support, and $76,000 as "second level of importance" to maintain bullish structure. > It's very simple for #Bitcoin. > > As long as the 21-MA remains beneath price, we're likely to continue grinding upwards. > > The $79K area is a crucial area to hold in the short-term, but even if that is lost, $76K can be the second level of importance to be keeping the structure… pic.twitter.com/jYQ5ywv8n7 > > — Michaël van de Poppe (@CryptoMichNL) May 10, 2026 **Read Also: Has Bitcoin Already Bottomed? 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